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Cable Update (GBPUSD)

  • #129,401
  • Apr 9, 2009 10:18am Apr 9, 2009 10:18am
Quoting Bull_Bear
For those of the short side, target is 1.4440, cover around 1.4550
Keep an on eye on those levels.....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #129,402
  • Apr 9, 2009 10:23am Apr 9, 2009 10:23am
Dears

I think it's time to break 1.4625 and close this H bellow it and also this 4 H will be closed bellow it
  • #129,403
  • Apr 9, 2009 10:24am Apr 9, 2009 10:24am
Quoting Bull_Bear
Keep an on eye on those levels.....
Shes back at that tough 14,630 again.....come on baby.....
  • #129,404
  • Apr 9, 2009 10:24am Apr 9, 2009 10:24am
Quoting EricB
Each to their opinion - mentioned Scotland seperately as North of England (Northern Rock) and Scotland are very sensitive to firms like DBS collapsing and has a sufficient short term and long term impact on unemployment etc - Its not just collapse of the institution that has an impact but everything else that goes hand in hand - We were at 1.38 rose to 1.42 correction after USD deppreciation - after that there hasnt been very much to warrant heading towards 1.51 just yet is all I'm saying - though in about 2 weeks time we could be there if optimistic...
Yes, impact on local communities is never good in these situations, but that hit, in the case of Dunfermline is definitely not severe enough to move a currency pair like cable, not when we've already seen far greater bad news stories from the banking sector absorbed into the price. There are more pressing fundamental areas of concern for the markets, not to mention the array of technical factors.

As for cable, I'll sell on a clean break below 1.458, with 1.4380 as target. Similarly, I'll buy above 1.50 (clean break of 1.4985), targeting 1.527X...
  • #129,405
  • Apr 9, 2009 10:24am Apr 9, 2009 10:24am
Wooow

It is seems that GBP is read what I typed from seconds
  • #129,406
  • Apr 9, 2009 10:26am Apr 9, 2009 10:26am
Quoting mohfaid
Wooow

It is seems that GBP is read what I typed from seconds
  • #129,407
  • Apr 9, 2009 10:27am Apr 9, 2009 10:27am
Quoting riggster
Shes back at that tough 14,630 again.....come on baby.....
Thats right Riggster
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #129,408
  • Apr 9, 2009 10:34am Apr 9, 2009 10:34am
Quoting Bull_Bear
Thats right Riggster
it will back to 4700...looking for buy now...anyone is going for buy?


Ub
  • #129,409
  • Apr 9, 2009 10:37am Apr 9, 2009 10:37am
Please be carfull,,,and don't trade against the trend

We will go down now


Quoting ubaidahsan
it will back to 4700...looking for buy now...anyone is going for buy?


Ub
  • #129,410
  • Edited 10:57am Apr 9, 2009 10:37am | Edited 10:57am
Quoting ubaidahsan
it will back to 4700...looking for buy now...anyone is going for buy?


Ub
Ide be careful - it will be difficult for it move dramatically upwards before holiday time - but I'm speculating so ignore this. I'm with hoping it breaks 1.4558.
  • #129,411
  • Apr 9, 2009 10:37am Apr 9, 2009 10:37am
Did you guys notice what happened? So called London traders ran down stop............I got f.ked big time thank you for that... ...........hope those london traders have a good Easter ........
BANDA333
  • #129,412
  • Apr 9, 2009 10:38am Apr 9, 2009 10:38am
Quoting ubaidahsan
it will back to 4700...looking for buy now...anyone is going for buy?


Ub
got to have some balls going long in this market
  • #129,413
  • Apr 9, 2009 10:38am Apr 9, 2009 10:38am
Quoting mohfaid
Please be carfull,,,and don't trade against the trend

We will go down now
you are right market seems down so now wait for correction and then go short again thanks for support


Ub
  • #129,414
  • Apr 9, 2009 10:39am Apr 9, 2009 10:39am
Quoting ubaidahsan
it will back to 4700...looking for buy now...anyone is going for buy?
Buy? After it broke 1.4630?
Manage your risk accordingly and you're half done your home work.
  • #129,415
  • Apr 9, 2009 10:40am Apr 9, 2009 10:40am
Quoting kropfx
got to have some balls going long in this market

yea but long for short term ..no clear signals for long so have to be careful

Ub
  • #129,416
  • Apr 9, 2009 10:40am Apr 9, 2009 10:40am
Quoting BANDA
Did you guys notice what happened? So called London traders ran down stop............I got f.ked big time thank you for that... ...........hope those london traders have a good Easter ........
What do you mean ran down stop Banda?
  • #129,417
  • Apr 9, 2009 10:40am Apr 9, 2009 10:40am
Quoting ubaidahsan
it will back to 4700...looking for buy now...anyone is going for buy?


Ub
please dont buy now, i beg you
LOL

cable will kiss my ass now, we will keep falling
When life gives you lemons, make lemonade
  • #129,418
  • Apr 9, 2009 10:42am Apr 9, 2009 10:42am
Quoting personalme
Buy? After it broke 1.4630?

I would ideally sit tight till it reaches 1.478 and establishes an uptred. Has to touch lower before it gets that high though. Lets see if she'll break 1.4458 .
  • #129,419
  • Apr 9, 2009 10:42am Apr 9, 2009 10:42am
Quoting ubaidahsan
it will back to 4700...looking for buy now...anyone is going for buy?


Ub

Not wise to go long....
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #129,420
  • Apr 9, 2009 10:43am Apr 9, 2009 10:43am
Quoting ubaidahsan
yea but long for short term ..no clear signals for long so have to be careful

Ub
well, i hope ur longs are really short term and for a small profit. just be safe.
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